PNB Scam: We'll bring back all the money, says Home Minister Rajnath Singh

PNB Scam: We'll bring back all the money, says Home minister Rajnath Singh

Union Home Minister Rajnath Singh said that an effective action will be taken against the accused in the 1.77 billion dollars scam detected by Punjab National Bank (PNB). 

"Effective action is being undertaken. The administration has swung into action," Singh said reacting to oppositions' allegations against the Centre.

The Finance Ministry sources said that PNB is fully capable of taking the entire hit of Rs. 11,300 crore fraud. The sources highlighted that the recapitalisation of the PNB will not be impacted by fraud case.

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